A program administrator, contractor, or a third party shall not make any representation as to the tax deductibility of an assessment contract unless that representation is consistent with representations, statements, or opinions of the Internal Revenue Service or applicable state tax agency with regard to the tax treatment of PACE assessments.
Cal. Sts. & High. Code § 5924
Clean Energy Assessment Contracts
Known as the Improvement Act
The act spans §§ 5000–6794 (521 sections).
Added by Stats. 2017, Ch. 484, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.